Kuwait Energy | Egypt Oil & Gas - Part 4

Kuwait Energy finds more Egyptian oil

Kuwait Energy has found more oil and gas in a new zone at its El Salmiya-2 well on the Abu Sennan concession in Egypt’s Western Desert. Australia-based well partner Beach Energy said Monday that a drill stem test of t...

Egyptian Oil Flows from EPT in Excess of 2,500 Barrels Per Day

Extended production tests of the successful exploration wells in Abu Sennan, Egypt, commenced last week. The tests will continue for 6 months and to date have yielded a combined flow rate of up to 2,524 barrels of oil...

Kuwait Energy reports record net profit of US$34.8 million for 2011, up 58.9%

2011 results: Record year-end proven and probable reserves: 235.3 mmboe, up 382.5% from 2010 Record operating cash flow: US$111.9 million, up 30.7% from 2010 Record daily average production: 13,624 boepd, up 2.8% from...

Kuwait Energy Invests $400 Million in Egypt

Kuwait Energy is estimated to have pumped approximately $400 million of investments into the Egyptian petroleum sector, as the company increases exploration and production activities in the country. As part of its dri...

Kuwait Energy makes new oil discovery in the Gulf of Suez area in Egypt

Kuwait Energy, one of the fastest growing independent oil and gas exploration and production companies in the Middle East, operating Area A on behalf of the license holder Egyptian General Petroleum Corporation, annou...

Abraaj Capital and Kuwait Energy Sign Strategic Investment Agreement

Abraaj Capital, a leading private equity manager investing in high growth markets, and Kuwait Energy, one of the fastest growing independent upstream oil and gas exploration and production companies in the Middle East...

Kuwait Energy makes new oil discovery in Abu Sennan concession in Western Desert, Egypt

El Salmiya-1 tests at a cumulative rate of 5,600 boepd Kuwait Energy plc and their main partner, the Egyptian General Petroleum Corporation (EGPC), today announced a new oil discovery, the El Salmiya-1 well, in the Ab...

Kuwait Energy increases Shahd SE well production levels

Shahd SE-5 well production reaches 5,011 boepd Kuwait Energy plc, one of the fastest growing independent oil and gas exploration and production companies in the Middle East, with their main partner, the Egyptian Gener...

Kuwait Energy makes a new well discovery in the Western Desert in Egypt

15th discovery in Egypt since 2008 Kuwait Energy plc, one of the fastest growing independent oil and gas exploration and production companies in the Middle East, announced that it has made an oil well discovery in the...

Kuwait Energy makes a new oil discovery in Gulf of Suez, Egypt

Kuwait Energy Plc, one of the fastest growing independent oil and gas exploration and production companies in the Middle East, today announced a new oil discovery in Egypt’s Ahmad-1X well, located in the Gulf of...

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